Luxembourg - Screwdrivers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingScrewdriver Price in Luxembourg - 2023
Contents:
- Screwdriver Price in Luxembourg (CIF) - 2022
- Screwdriver Price in Luxembourg (FOB) - 2022
- Screwdriver Imports in Luxembourg
- Screwdriver Exports in Luxembourg
Screwdriver Price in Luxembourg (CIF) - 2022
The average screwdriver import price stood at $25,310 per ton in 2022, picking up by 32% against the previous year. Overall, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, screwdriver import price increased by +88.0% against 2019 indices. The growth pace was the most rapid in 2013 an increase of 62%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($56,349 per ton), while the price for Belgium ($12,692 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Screwdriver Price in Luxembourg (FOB) - 2022
The average screwdriver export price stood at $10,816 per ton in 2022, rising by 28% against the previous year. In general, the export price, however, continues to indicate a pronounced curtailment. The export price peaked at $15,197 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($13,166 per ton), while the average price for exports to Poland ($3,713 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+0.8%), while the prices for the other major destinations experienced a decline.
Screwdriver Imports in Luxembourg
In 2022, purchases abroad of screwdrivers increased by 21% to 79 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a mild decrease.
In value terms, screwdriver imports surged to $2M in 2022. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Screwdriver in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 452 | 478 | 456 | 654 | 13.1% |
Germany | 274 | 338 | 372 | 459 | 18.8% |
Belgium | 149 | 107 | 139 | 398 | 38.7% |
France | 61.4 | 104 | 144 | 338 | 76.6% |
Netherlands | 32.5 | 46.7 | 56.1 | 50.7 | 16.0% |
Others | 149 | 76.8 | 84.7 | 100 | -12.4% |
Total | 1,118 | 1,151 | 1,252 | 2,000 | 21.4% |
Top Suppliers of Screwdriver to Luxembourg in 2022:
- Belgium (31.3 tons)
- Taiwan (Chinese) (24.9 tons)
- Germany (11.6 tons)
- France (6.0 tons)
- Netherlands (3.4 tons)
Screwdriver Exports in Luxembourg
In 2022, the amount of screwdrivers exported from Luxembourg reduced markedly to 5 tons, waning by -21% on the previous year. Overall, exports saw a significant decrease. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year.
In value terms, screwdriver exports reached $55K in 2022. In general, exports showed a sharp setback. The growth pace was the most rapid in 2021 when exports increased by 52%.
Export of Screwdriver in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 480 | 3.4 | 0.7 | 52.1 | -52.3% |
Poland | 11.1 | 6.8 | 11.5 | 1.0 | -55.2% |
Belgium | 10.2 | 5.4 | 12.3 | 0.5 | -63.4% |
France | 13.0 | 9.5 | 3.7 | 0.2 | -75.1% |
Others | 22.9 | 10.6 | 26.0 | 0.7 | -68.7% |
Total | 537 | 35.6 | 54.2 | 54.6 | -53.3% |
Top Export Markets for Screwdriver from Luxembourg in 2022:
- France (undefined tons)
- Germany (4.6 tons)
- Poland (0.3 tons)
- Belgium (0.1 tons)
This report provides an in-depth analysis of the screwdriver market in Luxembourg. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25733063 - Screwdrivers
Country coverage:
- Luxembourg
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Luxembourg
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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The global screwdriver market is expected to see continuous growth over the next seven years, with an anticipated increase in both volume and value. By 2030, the market volume is projected to reach 199K tons, while the market value is expected to hit $2B.
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